§ Mr. Skeetasked the Chancellor of the Exchequer whether the rate of growth for 1972 suggested in April of this year has now been revised, in the light of recent events.
§ Mr. NottNo. The forecast of the rate of growth published in the Financial Statement and Budget Report 1972–73 allowed for a fall in domestic product in the first quarter of this year with renewed growth in the remainder of the year. The402W latest indicators on demand and activity are consistent with the central forecast given at the time of the Budget.